Accenture (ACN) Dips More Than Broader Market: What You Should Know

In the latest close session, Accenture (ACN) was down 1.8% at $175.80. This change lagged the S&P 500's daily loss of 0.48%. At the same time, the Dow lost 0.77%, and the tech-heavy Nasdaq lost 0.64%.

Shares of the consulting company witnessed a loss of 0.44% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 0.4%, and outperforming the S&P 500's loss of 0.97%.

The upcoming earnings release of Accenture will be of great interest to investors. The company's earnings report is expected on October 1, 2026. The company is forecasted to report an EPS of $3.19, showcasing a 5.28% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $18.01 billion, up 2.36% from the prior-year quarter.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $13.86 per share and a revenue of $73.54 billion, indicating changes of +7.19% and +5.55%, respectively, from the former year.

It is also important to note the recent changes to analyst estimates for Accenture. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.03% increase. Currently, Accenture is carrying a Zacks Rank of #3 (Hold).

With respect to valuation, Accenture is currently being traded at a Forward P/E ratio of 12.2. This valuation marks a discount compared to its industry average Forward P/E of 13.49.

Also, we should mention that ACN has a PEG ratio of 1.44. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Computers - IT Services was holding an average PEG ratio of 1.35 at yesterday's closing price.

The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 154, putting it in the bottom 38% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

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This article originally published on Zacks Investment Research (zacks.com).

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